Just now, the Polymarket market data exploded—90% of the funds are betting that the Fed will cut rates by 25 basis points in December. Only 10% of the stubborn faction is still betting on "holding steady."

The expectation of interest rate cuts should have been a signal for celebration, but the crypto market crashed dramatically in the short term. Bulls and bears are arguing on social media, and on Trump's side, there are hints of wanting to take action against the Fed's senior officials.

What’s even more magical is: on one hand, some are questioning whether the "interest rate cut cycle has already failed", while on the other hand, institutional big shots are already eyeing the "tokenization of everything" cake and don’t care at all about the current fluctuations.

The only thing that is certain now is that in the coming weeks, your positions may require thicker nerves.

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